GREE Announces Investment in Wizcorp Inc.- Investment Focused on HTML5-based Mobile Social Game Development -
TOKYO, Japan - April 9, 2012 - GREE today announced an investment in Wizcorp Inc. - a Tokyo-based game developer. Wizcorp specializes in HTML5 game development and is a leading resource for developers seeking to expand their knowledge of web-based technology.
GREE's investment in Wizcorp brings GREE another step closer to delivering a leading mobile social gaming ecosystem to users and developers worldwide. Through GREE's social mobile games platform, scheduled for release in Q2 2012, GREE will find and create high-quality content and a robust social gaming experience.
Since the establishment of its first North American office in February 2011, GREE has focused on extensive global expansion. GREE's new North American studio, based in the San Francisco area, is creating new free-to-play game experiences and has recently released its first two games - Zombie Jombie and Alien Family.
Outline of Wizcorp Inc.
|Company name||Wizcorp Inc.|
|Main business||Development of social games for smartphones|
|Capital||JPY 28.7 Million（January 2012)|
|Relationship between listed companies and Wizcorp||Capital relationship: No capital relationship to be noted.
Personal relationship: No personal relationship to be noted.
Business relationship: Development partner.
Share acquisition date April 9, 2012
The impact of this announcement on business performance is currently being reviewed and any material impact identified will be disclosed in a timely manner.
About GREE, Inc.
GREE is a global mobile social gaming company at the forefront of mobile technology. GREE is focused on building the leading mobile social gaming ecosystem for users and developers worldwide, with an emphasis on creating and supporting unique free-to-play game content. The new GREE Platform will be available in Q2 2012. Following the acquisition of OpenFeint Inc. in April 2011, GREE's robust network now reaches over 190 million players and offers over 7,500 game applications to users around the world. With offices in Tokyo (head office), San Francisco, London, Beijing, Sao Paulo, and Dubai, GREE will continue to expand aggressively worldwide.